Lagos moves to curb multiple taxation in hospitality sector

Tax

In a bid to ease tax burden on residents, Lagos State government has assured stakeholders in the tourism sector that the administration of Governor BabajideSanwo-Olu has concluded plans to harmonise tax payment in the state.


The state’s Commissioner for Tourism, Arts and Culture, Mrs. Toke Benson-Awoyinka; Special Adviser to the Governor on Tax, Mr. Abdul Kabir Ogungbo; Chairman, Lagos State Internal Revenue Service (LIRS), Mr. Ayodele Subair and others gave the assurance at the stakeholder’s engagement with the hospitality sector.

The event with the theme: “Addressing current industry challenges, exploring emerging trends, understanding policy framework and unveiling collaborative opportunities within the entire hospitality value chain” was organised by the state government.

The commissioner, in her welcome address, said the state government is committed to creating an enabling environment for the hospitality sector to thrive, noting that the hospitality sector played a vital role in the economic development of the state.


She called for the cooperation of stakeholders as the ministry reviewed its policy frameworks to make the industry data driven with aid of technology and new innovation.

Affirming Sanwo-Olu’s commitment to the sector, she said: “Our policy frameworks are being continually reviewed to ensure they support growth, innovation, and sustainability. We are also focused on improving infrastructure, enhancing security, and promoting Lagos as a prime tourist destination”.

The General Manager, Lagos  State Safety Commission, Mr.LanreMojjola; General Manager, Lagos State Parking Authority, Mrs. Olabisi  Adelabu; Special Adviser to the governor on Transport, Mr. Sola Giwa and others who were member of panel that discussed the topic:‘Enhancing compliance in the hospitality sector’, harped on corporation among stakeholders.

They reiterated the need for business owners in the hospitality sector to work with the state government on mandate to provide enabling environment that is safe and conductive for businesses to thrive.

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